Embracing clean energy could bring $25B in investment in Ohio

New energy technologies “could lead to $25 billion in new investment in Ohio and support another 20,000 jobs,” a recent study shows, according to an article in Columbus Business First. Massachusetts-based Synapse Energy Economics and Case Western Reserve University’s Great Lakes Energy Institute, who conducted the study, “called for favorable policies in local economic development as well as a longer-term roadmap from the Statehouse to better capture potential investment and jobs.” There are “four principal changes in the energy business” that could benefit Ohio. Corporate investment by companies who want to power facilities with renewable energy could bring $6.2 billion; transportation could add another $6 billion from electric vehicles as they change the automotive market. The analysts said Ohio “has the means to quadruple green energy investment for another $7.6 billion,” and energy efficiency could add $6.6 billion. For more, read the full article.